52 Week Low

http://www.stockopedia.com/content/walter-schloss-investing-screen-scrutinising-the-list-of-new-lows-58099/#sthash.TknoUVnX.dpuf A stock at or near its 52-week low price – Being at or near a low could signal a possible bargain stock, although it is important to distinguish between temporary and permanent problems. As Greenwald notes, Walter and Edwin Schoss "scrutinize[d] the new lows list to find stocks that have come down in price. If they find stocks is at a two or three year low, so much the better". No long-term debt - Schloss avoided companies with much debt as this increased the risk profile of the investment. Price Less Than Book Value per Share - Schloss saw it as a potential bargain if the price per share was below the book value per share. Buffett said that Schloss “doesn't worry about whether it's January…whether it's Monday…whether it's an election year. He simply says if a business is worth a dollar and I can buy it for 40 cents, something good may happen". Edwin, was more flexible in wanting some asset protection but being more willing to look at a company's earnings power.…

by Mukesh